With few regulations in place, gambling companies are going all-in to attract as many customers as possible – with younger, sports-obsessed and smartphone-savvy Americans particularly vulnerable.
Researchers who analyzed every sports bet placed online since 2018 found that young adults are the fastest-growing group of bettors, with more than 70% of them placing in-game bets.
Sports wagering apps bring in-play betting right to the palm of your hand. Easy, ever-present access can lead to excitement and fun – or problem gambling.
The opportunity to place bets has changed the way games look, the way they’re talked about – and, of course, how many people have money riding on the outcome.
Any increase in people seeking help for gambling disorders could overwhelm the nation’s treatment centers, which already find themselves overextended and underfunded.
A plethora of sport betting operators will now enter the Canadian market and contribute to the economy through consumer betting and marketing partnerships. But what are the risks?
New research has found that more than a third of Australian sports gamblers are making micro-bets using offshore operators. And this type of betting is strongly linked to problem gambling.
Many states are pondering making gambling on sports legal after the US Supreme Court overturned a federal ban. But is the industry really worth as much as some say it is?